Higher One Holdings, Inc. Announces New Board Member

August 19, 2014 05:15 PM Eastern Daylight Time

NEW HAVEN, Conn.--(BUSINESS WIRE)--Higher One Holdings, Inc. (NYSE:ONE), a leader in providing financial
services and data analytics to over 1,900 college and university
campuses across the U.S., announced the appointment of Thomas Anderson
to its Board of Directors as an independent director of the company.

Mr. Anderson is a Partner and Co-Founder of MassBay Capital, LLC. Prior
to founding MassBay Capital, LLC, Mr. Anderson served as President and
Chief Executive Officer of EducationDynamics and was the President and
Chief Executive Officer of Integrity Interactive Corporation. Previously
he held executive management positions at the SLM Corporation (formerly
Sallie Mae, Inc.), Upromise, Inc., Capital One Financial Corporation and
McKinsey & Company.

“Tom’s experience in the education finance and edutech sectors will add
a valuable perspective to our Board of Directors,” said Paul Biddelman,
Chairman of the Board of Higher One Holdings, Inc. “We look forward to
benefiting from Tom’s insight and leadership.”

Mr. Anderson holds a bachelor’s degree in mathematics from Dartmouth
College and an M.B.A. from Sloan School of Management at Massachusetts
Institute of Technology.

Mr. Anderson also serves on the boards of Constant Contact, Blue Tarp
Financial, and Farm Sanctuary.

About Higher One Holdings, Inc.

Higher One Holdings, Inc. (NYSE:ONE) partners with colleges and
universities to lower their administrative costs and to improve
graduation rates. We provide a broad array of payment, refund
disbursement and data analytics and management tools to institutions
that help them save money and enhance institutional effectiveness. And
for students, we offer financial literacy programs and convenient,
flexible and affordable transaction options to help them manage their
finances. Higher One is a leader in higher education, supporting more
than 1,900 schools and 13 million enrolled students. More information
about Higher One can be found at www.higherone.com.